The full form of PIN in the parlance of an ATM card is [Corporation Bank 2011]

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Permanent Information Number
B	Personal Identification Number
C	Professional Identification Number
D	Permanent Identification Number

Explanation:

Detailed explanation-1: -PIN (Personal Identification Number) is a 4-digit code unique to each ATM card that ensures that the card user or account holder is carrying out the transactions.

Detailed explanation-2: -Authentication is provided by the customer entering a Personal Identification Number (PIN). Using an ATM, customers can access their bank accounts in order to make cash withdrawals and check their account balances.

Detailed explanation-3: -A personal identification number (PIN) is a numerical code issued with a payment card that is required to be entered to complete various financial transactions.

Detailed explanation-4: -A Personal Identification Number (PIN) is a numeric or alphanumeric string that is used to authenticate a person to a system. The dominant use cases for PINs are financial services transactions such as at the Point of Sale (PoS) or at a bank’s Automated Teller Machine (ATM).

There is 1 question to complete.